218 W Price St, Gaston, IN, 47342 | $663/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

218 W Price St, Gaston, IN, 47342 | $663/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1390 sft

1310 Scarlett Dr, Anderson, IN, 46013

3 Bed
3 Bath
1224 sft

810 S 18th St, Elwood, IN, 46036

2 Bed
1 Bath
2690 sft

15220 W County Road 400 S, Daleville, IN, 47334

3 Bed
2 Bath
3720 sft

10699 N 200 W, Alexandria, IN, 46001

Nearby investment properties with comparable prices

3 Bed
2 Bath
1620 sft

1909 S H St, Elwood, IN, 46036

4 Bed
3 Bath
- sft

1309 Brown St, Anderson, IN, 46016

2 Bed
2 Bath
2800 sft

505 W Adams St, Alexandria, IN, 46001

3 Bed
2 Bath
2394 sft

2114 Lafayette St, Anderson, IN, 46012

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Gaston at 218 W Price St, Gaston, IN, 47342 earns $663/mo cash flow from $1,683/mo rent with a $832/mo payment. Total monthly income totals $1,683/mo, and annual cash flow totals $7,951/yr on $56,355 capital. ROI tracks 34.02% on current figures, and rental yield reads 11.88% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 178.29% and total cumulative return in cash sums $100,473. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,683/mo property income instead of your personal income.

Single Family

Built in 1971

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

218 W Price Street offers the perfect blend of comfort, updates, and small-town charm. This 4-bedroom, 2-bathroom home is thoughtfully laid out with two bedrooms and a full bath on the main level, plus two additional bedrooms and a full bath upstairsan ideal setup for flexibility and function. Step into the cozy living room, where big windows invite natural light to pour in. The main living spaces feature modern laminate flooring that flows seamlessly through the kitchen and dining areas, while the bedrooms are carpeted for extra comfort. Both bathrooms have been updated, and the bedrooms provide spacious closets for storage. Outside, youre sure to love the fully privacy-fenced backyard, complete with a patio and fire-pit areaperfect for entertaining or relaxing evenings at home. An attached one-car garage adds convenience, and the location is just down the street from a public park, blocks from downtown Gaston, and only minutes from Wes-Del Community Schools. Move-in ready and filled with modern touches, this home is ready for you to make it your own.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47342, Gaston, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,186 (100%)
Owner Occupied HU	917 (77.3%)
Renter Occupied HU	165 (13.9%)
Vacant Housing Units	104 ( 8.8%)
Median Home Value	$167,609
Average Home Value	$197,410